Epping Property for Sale

Epping Property for Sale. Situated on Bofors Circle, close to all the interchanges for easy access. Visibility is directly from Bofors Circle as well as Vanguard Drive (M7/N7). Approximately 3,500m² of rentable area. This property does have a short term tenant. Asking price – R18,000,000 plus VAT.

The Advantages of direct ownership of an Industrial Property

The advantages to owning a rental property are relatively few, but they’re powerful. To put it simply, if everything lines up well, you can make a lot of money from a rental property.

Income from Tenants
The biggest benefit of owning a tenanted investment property is that the tenants will provide you with a direct income stream. Those monthly rent checks go straight into your bank account, ideally more than offsetting any expenses for the month. In South Africa, rentals normally increase by about 7% or 8% each year, thus providing a very good increase in investment income each year.

Income in Property Value Growth
In addition, since you own the property, you stand to gain from an increase in the property value over time due to changing demands in the area, even if the property doesn’t undergo any changes.
This is obviously going to be a variable thing, as it depends heavily on the area where your rental property stands. In some areas, the value may rise significantly over the course of a few years, while in other areas it may remain flat. Ideally, this value growth holds pace with inflation at a minimum. If you happen to be in an above average area, you might find that you can beat inflation; on the other hand, a really stagnant area may not even keep with inflation.

Adding Value
The other factor that you should consider is that you can add value by improving the property over time. This is likely to add additional value to the property as you maintain and upgrade it.
Not only will this allow you to charge more for rent, it will also increase the value of the property itself should you choose to sell it in the future.

Benefit from Leverage of a Loan from a bank
While one does need to be conservative, utilising leverage of a loan from a bank can assist in 2 ways:
Improve tax efficiency in that bond repayments are normally tax deductible.
Leverage can result in a larger capital gain in the future.

Testimonials

Management, AVI Ltd

During November we were a little stuck in finding an appropriate warehouse to relocate to. Epping Property did an extensive search in all the central industrial areas and eventually found our suitable premises and negotiated a deal that both ourselves and the landlord were very happy with.

2017-05-08T11:48:22+02:00

During November we were a little stuck in finding an appropriate warehouse to relocate to. Epping Property did an extensive search in all the central industrial areas and eventually found our suitable premises and negotiated a deal that both ourselves and the landlord were very happy with.

https://www.eppingproperty.co.za/testimonials/management-avi-ltd/

Director, Edge Properties

Epping Property persisted in helping us secure an industrial site for further development. Once we had purchased the property, Epping Property further assisted in finding a suitable tenant for the vacant portion of the property. We can highly recommend anyone looking to buy or rent property in Epping to deal with Epping Property.

2017-05-08T11:48:51+02:00

Epping Property persisted in helping us secure an industrial site for further development. Once we had purchased the property, Epping Property further assisted in finding a suitable tenant for the vacant portion of the property. We can highly recommend anyone looking to buy or rent property in Epping to deal with Epping Property.

Management, Truworths Limited

We are exceptionally happy with the purchase of both 22 and 26 Bertie Avenue in Epping. It makes 100% sense for our company to have secured this location. We will now be expanding the warehousing and distribution side of our business onto the properties. Thank you.

2017-05-08T11:49:17+02:00

We are exceptionally happy with the purchase of both 22 and 26 Bertie Avenue in Epping. It makes 100% sense for our company to have secured this location. We will now be expanding the warehousing and distribution side of our business onto the properties. Thank you.